Namibia plans to introduce tax reforms on alcohol and tobacco to reduce consumption and ease the strain on its health system. The country faces a high prevalence of smoking (11.2% adults) and alcohol ...

Export bans in Burkina Faso, Mali, Côte d’Ivoire, and Togo shake up global shea supply. Shea butter demand rises as a cheaper cocoa butter alternative in confectionery. Local processors may benefit, ...

Canadian miner Pioneer Lithium secures exploration licence for the 815 km² Botsalano uranium project in Botswana. Botsalano joins Namibia’s Gaobis and Warmbad in Pioneer’s growing African uranium ...

Sankofa gas project triggered long-term “take-or-pay” liabilities Energy oversupply and rigid contracts push annual debt to $500 million Report urges end to fossil fuel projects and shift to public ...

In Africa, the private sector is widely seen as the main engine of industrialization and plays a central role in the long-term development strategies of governments. However, it remains dominated by ...

Ora Technologies secures its largest funding to date, led by Azur Innovation Fund Total capital raised reaches $11.9 million since its launch in January 2023 Funds will boost food delivery platform ...

Group seeks approval to build new port in Olokola Free Trade Zone near Lagos Port to support fertilizer exports, LNG shipments, and regional logistics Project could ease congestion at Apapa and ...

Namib Minerals plans to revive the idle Mazowe and Redwing mines with a $300 million investment. CEO Ibrahima Tall says preparatory work could take 18 to 24 months after securing funding. The company ...

Shell moves forward with onshore and ultra-deep offshore exploration in Africa Company signs deal in Libya and gains drilling approval off South Africa Operations continue in unstable legal and ...

Rwanda tops 40 Sub-Saharan African countries in policy and institutional quality Benin, Côte d’Ivoire, Cape Verde, and Kenya follow with strong performance Infrastructure, public services, and ...

Kenya plans to import 1.05 million tonnes of palm oil in 2025/2026, near its highest ever level. Malaysia supplies 90% of Kenya’s palm oil, sharply overtaking Indonesia since 2019. Kenya acts as a ...

EBRD grants $100 million loan to Banque Misr to expand credit access for SMEs and women-led businesses. Loan supports Egypt’s green finance goals and sustainable development. Partnership furthers EBRD ...